What Else Is In Scott's Head?

The blog site for writer Scott C. Smith. Some observations on the world we live in and life in general. And maybe some politics.

Saturday, March 05, 2005

Budget Deficits, Bush Style

To attend college I've had to take out a small student loan, and by the time I graduate I'll owe somewhere in the neighborhood of $50,000. Yikes. An investment in an education is pretty important, so going into debt for it isn't such a hard thing to do.

And now, on top of what I'll have to re-pay when I finally get my JD (and for my liberal readers, know my goal is to work for the know, so I can do what I can to remove all references to God in public) will be the huge debt created by George W. Bush. Let's just say Mr. Bush isn't afraid to spend money. Lots of money. The Congressional Budget Office estimates that by 2015, the budget deficit will be $2.58 trillion dollars. If it's easier to picture in your mind, imagine a room filled with 2,580,000,000,000 dollar bills.

Oh, and the CBO figures do not include the costs to partially privatize the social security system (sorry, I should use the Bush administration lingo: to create personal accounts for workers), which are estimated to be $1 trillion dollars. So, again, imagine a room filled with dollar bills, this time 1,000,000,000,000 dollar bills.

You know, I just realized: no one cares about huge budget deficits or a stack of 1,000,000,000,000 dollar bills. I should be blogging about Martha Stewart. Did you know she was released from prison the other day? Oh, and Michael Jackson in on trial. Remind me to keep up-to-date on those stories.


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